Legal & General Group Plc Grows Position in Sun Communities, Inc. $SUI

29 May 2026, 05:33 by Teresa Graham · The Cerbat Gem

Legal & General Group Plc raised its holdings in Sun Communities, Inc. (NYSE:SUI – Free Report) by 6.4% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,080,585 shares of the real estate investment trust’s stock after acquiring an additional 65,053 shares during the period. Legal & General Group Plc owned approximately 0.87% of Sun Communities worth $133,895,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of SUI. AQR Capital Management LLC raised its holdings in shares of Sun Communities by 17.8% in the 1st quarter. AQR Capital Management LLC now owns 12,076 shares of the real estate investment trust’s stock valued at $1,554,000 after acquiring an additional 1,827 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of Sun Communities by 21.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 195,339 shares of the real estate investment trust’s stock valued at $25,128,000 after buying an additional 33,981 shares in the last quarter. Empowered Funds LLC raised its holdings in shares of Sun Communities by 32.5% during the 1st quarter. Empowered Funds LLC now owns 3,376 shares of the real estate investment trust’s stock valued at $434,000 after buying an additional 829 shares in the last quarter. Acadian Asset Management LLC purchased a new position in shares of Sun Communities during the 1st quarter valued at about $362,000. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in shares of Sun Communities by 26.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 673 shares of the real estate investment trust’s stock valued at $85,000 after buying an additional 141 shares in the last quarter. Hedge funds and other institutional investors own 99.59% of the company’s stock.

Sun Communities Price Performance

Shares of Sun Communities stock opened at $125.10 on Friday. The company has a debt-to-equity ratio of 0.60, a current ratio of 3.39 and a quick ratio of 3.39. The business’s 50 day simple moving average is $127.20 and its two-hundred day simple moving average is $127.58. The stock has a market capitalization of $15.42 billion, a P/E ratio of 11.36, a price-to-earnings-growth ratio of 4.11 and a beta of 0.82. Sun Communities, Inc. has a one year low of $115.53 and a one year high of $137.85.

Sun Communities (NYSE:SUI – Get Free Report) last announced its quarterly earnings results on Monday, April 27th. The real estate investment trust reported ($0.07) EPS for the quarter, missing analysts’ consensus estimates of $1.31 by ($1.38). The company had revenue of $500.50 million during the quarter, compared to analysts’ expectations of $472.40 million. Sun Communities had a return on equity of 0.16% and a net margin of 62.29%.Sun Communities’s revenue for the quarter was up 8.0% on a year-over-year basis. During the same period last year, the firm earned $1.26 earnings per share. Sun Communities has set its Q2 2026 guidance at 1.710-1.790 EPS and its FY 2026 guidance at 6.870-7.070 EPS. Analysts forecast that Sun Communities, Inc. will post 6.92 EPS for the current year.

Sun Communities Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st were paid a $1.12 dividend. This is an increase from Sun Communities’s previous quarterly dividend of $1.04. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $4.48 dividend on an annualized basis and a yield of 3.6%. Sun Communities’s payout ratio is presently 40.69%.

Insider Buying and Selling

In other Sun Communities news, Director Clunet R. Lewis sold 3,800 shares of Sun Communities stock in a transaction that occurred on Thursday, March 5th. The stock was sold at an average price of $136.01, for a total value of $516,838.00. Following the transaction, the director directly owned 16,817 shares of the company’s stock, valued at $2,287,280.17. The trade was a 18.43% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Fernando Castro-Caratini sold 23,750 shares of Sun Communities stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $124.43, for a total value of $2,955,212.50. Following the completion of the transaction, the executive vice president directly owned 9,998 shares in the company, valued at $1,244,051.14. This trade represents a 70.37% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 30,750 shares of company stock worth $3,907,731 over the last ninety days. Insiders own 1.58% of the company’s stock.

Wall Street Analysts Forecast Growth

SUI has been the topic of a number of research reports. Colliers Securities raised Sun Communities from a “neutral” rating to a “buy” rating and set a $150.00 price objective on the stock in a report on Friday, May 22nd. Deutsche Bank Aktiengesellschaft set a $133.00 price objective on shares of Sun Communities in a report on Thursday, May 14th. Citigroup boosted their price objective on shares of Sun Communities from $150.00 to $155.00 and gave the stock a “buy” rating in a report on Monday, March 2nd. Royal Bank Of Canada boosted their price objective on shares of Sun Communities from $148.00 to $151.00 and gave the stock an “outperform” rating in a report on Wednesday, April 29th. Finally, Evercore restated an “outperform” rating and issued a $144.00 price objective on shares of Sun Communities in a report on Wednesday, April 29th. Ten investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $141.84.

Check Out Our Latest Analysis on Sun Communities

Sun Communities Profile

(Free Report)

Sun Communities, Inc is a publicly traded real estate investment trust (REIT) that specializes in the acquisition, ownership and operation of manufactured housing communities, recreational vehicle (RV) resorts and marinas. The company’s portfolio spans more than 500 manufactured housing communities and over 160 RV resorts, offering affordable, long-term housing as well as short-stay recreational lodging. Through professional on-site management and amenity-rich community designs, Sun Communities serves a diverse customer base that includes retirees, workforce families and vacationers.